Minnesota
Last checked 2026-06-16
73
Designated tracts (of 291 eligible)
29
Rural designated — QROF treatment
43
Former OZ 1.0 tracts redesignated
57
Days until designations take effect
How Minnesota chose
Treasury published the final list on October 30, 2026. Minnesota designated 73 of 291 eligible tracts, its full allocation, in 35 of 59 counties with eligible tracts. Designations take effect January 1, 2027 and run through December 31, 2036. Treasury's October list has 2 more eligible tracts here than the April appendix, qualified under its missing-data rules; 0 were designated.
Compared with the eligible tracts it passed over, Minnesota favored former OZ 1.0 tracts, tracts with prior NMTC deals and renter-heavy tracts.
| Trait | Designated | Passed over |
|---|---|---|
| Former OZ 1.0 tract | 58.9% | 20.2% |
| Rural (QROF) | 39.7% | 35.8% |
| Urban Institute Tier 1 | 35.6% | 30.3% |
| Median poverty rate | 20.2% | 17.2% |
| Median family income, % of area | 61.3% | 63.6% |
| Residents of color (mean) | 41.3% | 40.3% |
| Median density, people / sq mi | 3,075 | 3,929 |
Poverty and income: Treasury's own eligibility figures (ACS 2020–2024). Demographics: ACS 2020–2024. Former OZ 1.0 = at least half the tract's land area was in a 2018 QOZ. How every state compares →
Record: how Minnesota ran its nomination input process
Nomination process
Community input window closed 2026-06-30. The state is now in internal review.
Map: designated and eligible tracts
Loading 291 eligible tracts…
Designated tracts by county
The county is usually the first local partner on an OZ deal — zoning, infrastructure, incentives. CDEs listed are New Markets Tax Credit allocatees that have already financed deals inside this county's designated tracts: the organizations with a working track record of underwriting there.
| County | Designated / eligible | Rural | OZ 1.0 kept / lost | Residents | NMTC CDEs active in designated tracts |
|---|---|---|---|---|---|
| Hennepin County | 18 / 75 | — | 12 / 17 | 61,206 | Local Initiatives Support Corporation; Merrill Lynch Community Development Company; Midwest Minnesota Community Development Corporation; Partners for the Common Good, Inc.; SB New Markets CDE LLC; The Housing Partnership Network, Inc.; USBCDE, LLC; University Financial Corp.; Urban Development Fund, LLC |
| Ramsey County | 11 / 45 | — | 8 / 11 | 39,842 | Chase New Markets Corporation; Midwest Minnesota Community Development Corporation; National New Markets Tax Credit Fund, Inc.; SB New Markets CDE LLC; University Financial Corp. |
| Anoka County | 5 / 21 | — | 1 / 2 | 14,957 | — |
| St. Louis County | 4 / 16 | 1 | 2 / 9 | 5,992 | BMO Harris New Markets Fund, LLC; Local Initiatives Support Corporation; National New Markets Tax Credit Fund, Inc.; USBCDE, LLC |
| Beltrami County | 2 / 4 | 2 | 2 / 1 | 7,385 | Midwest Minnesota Community Development Corporation |
| Itasca County | 2 / 8 | 2 | 0 / 4 | 4,148 | — |
| Olmsted County | 2 / 6 | — | 1 / 1 | 6,501 | — |
| Stearns County | 2 / 9 | — | 1 / 0 | 4,475 | Midwest Minnesota Community Development Corporation |
| Aitkin County | 1 / 3 | 1 | 1 / 2 | 1,623 | — |
| Becker County | 1 / 2 | 1 | 1 / 0 | 5,039 | BREMER CDE, LLC; Midwest Minnesota Community Development Corporation |
| Benton County | 1 / 1 | — | 1 / 0 | 6,609 | — |
| Big Stone County | 1 / 1 | 1 | 1 / 0 | 2,075 | — |
| Blue Earth County | 1 / 4 | 1 | 1 / 1 | 2,666 | — |
| Brown County | 1 / 3 | 1 | 0 / 0 | 3,089 | — |
| Chisago County | 1 / 1 | 1 | 0 / 1 | 2,585 | — |
| Dakota County | 1 / 7 | — | 1 / 2 | 5,558 | — |
| Freeborn County | 1 / 2 | 1 | 0 / 1 | 3,045 | — |
| Goodhue County | 1 / 1 | 1 | 0 / 2 | 3,893 | — |
| Hubbard County | 1 / 2 | 1 | 1 / 0 | 3,939 | Midwest Minnesota Community Development Corporation |
| Kandiyohi County | 1 / 3 | 1 | 0 / 1 | 5,047 | — |
| Mahnomen County | 1 / 2 | 1 | 0 / 1 | 2,511 | BREMER CDE, LLC; Midwest Minnesota Community Development Corporation |
| Martin County | 1 / 2 | 1 | 1 / 0 | 4,301 | — |
| Meeker County | 1 / 1 | 1 | 1 / 0 | 3,810 | National New Markets Tax Credit Fund, Inc. |
| Mower County | 1 / 3 | 1 | 1 / 0 | 4,963 | — |
| Otter Tail County | 1 / 2 | 1 | 0 / 1 | 5,460 | BREMER CDE, LLC; Local Initiatives Support Corporation; Midwest Minnesota Community Development Corporation; Morgan Stanley New Markets, Inc.; National New Markets Tax Credit Fund, Inc. |
| Pine County | 1 / 3 | 1 | 1 / 3 | 3,584 | — |
| Redwood County | 1 / 1 | 1 | 0 / 1 | 2,767 | National New Markets Tax Credit Fund, Inc. |
| Rice County | 1 / 3 | 1 | 1 / 1 | 3,470 | — |
| Sherburne County | 1 / 1 | — | 1 / 0 | 8,138 | — |
| Steele County | 1 / 1 | 1 | 1 / 0 | 4,531 | Advantage Capital Community Development Fund, LLC; CEI Capital Management LLC; Chase New Markets Corporation; SB New Markets CDE LLC |
| Traverse County | 1 / 1 | 1 | 0 / 0 | 1,143 | — |
| Wadena County | 1 / 1 | 1 | 1 / 0 | 5,293 | Midwest Minnesota Community Development Corporation |
| Washington County | 1 / 2 | 1 | 0 / 0 | 6,111 | — |
| Winona County | 1 / 4 | 1 | 1 / 0 | 5,174 | — |
| Wright County | 1 / 2 | 1 | 0 / 0 | 5,906 | — |
| Carlton County | 0 / 1 | — | 0 / 1 | — | — |
| Cass County | 0 / 4 | — | 0 / 1 | — | — |
| Clay County | 0 / 3 | — | 0 / 1 | — | — |
| Cook County | 0 / 1 | — | 0 / 2 | — | — |
| Cottonwood County | 0 / 2 | — | 0 / 1 | — | — |
| Crow Wing County | 0 / 2 | — | 0 / 2 | — | — |
| Douglas County | 0 / 1 | — | 0 / 2 | — | — |
| Faribault County | 0 / 2 | — | 0 / 1 | — | — |
| Fillmore County | 0 / 1 | — | 0 / 1 | — | — |
| Isanti County | 0 / 2 | — | 0 / 2 | — | — |
| Kanabec County | 0 / 2 | — | 0 / 1 | — | — |
| Koochiching County | 0 / 2 | — | 0 / 1 | — | — |
| Mille Lacs County | 0 / 5 | — | 0 / 3 | — | — |
| Morrison County | 0 / 2 | — | 0 / 1 | — | — |
| Nobles County | 0 / 3 | — | 0 / 1 | — | — |
| Pipestone County | 0 / 1 | — | 0 / 1 | — | — |
| Polk County | 0 / 1 | — | 0 / 1 | — | — |
| Swift County | 0 / 2 | — | 0 / 1 | — | — |
| Todd County | 0 / 4 | — | 0 / 1 | — | — |
| Waseca County | 0 / 1 | — | 0 / 1 | — | — |
Counties with no designated tracts are listed only if they lost OZ 1.0 tracts. NMTC: CDFI Fund NMTC public data release. 16 distinct CDEs across Minnesota's designated tracts.
Find projects and partners in the designated tracts
Every designated tract in Minnesota, tagged by the signals that point to a project type or a partner. Pick tags to narrow the list — a tract must carry every tag selected. Tags are simple published rules, not a score; hover a tag for its definition.
73 of 73 tracts shown
Download all eligible tracts, national (CSV) →| Tract | County | Pov. | MFI | Pop. | Rent. | Vac. | Signals | Prior NMTC CDEs |
|---|---|---|---|---|---|---|---|---|
| 27001770402 Mille Lacs Reservation|Mille Lacs Off-Reservation Trust Land | Aitkin County | 15.7% | 54.3% | 1,623 | 22.2% | 44.3% | Rural / QROFFormer OZ 1.0CRA-eligibleTribalHigh vacancy | — |
| 27003050501 | Anoka County | 9.2% | 66.4% | 3,055 | 52.6% | 0% | CRA-eligible | — |
| 27003050808 | Anoka County | 10% | 65.2% | 2,016 | 14.2% | 3.2% | CRA-eligible | — |
| 27003051001 | Anoka County | 12.7% | 67% | 3,134 | 41% | 0.5% | CRA-eligibleUI Tier 1 | — |
| 27003051305 | Anoka County | 8.6% | 56.8% | 3,428 | 22.5% | 4.5% | CRA-eligible | — |
| 27003051501 | Anoka County | 25% | 52.2% | 3,324 | 44.6% | 8% | Former OZ 1.0CRA-eligible | — |
| 27005450500 St. Paul | Becker County | 26.4% | 60.3% | 5,039 | 56.6% | 8.1% | Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligibleHousing pressureUI Tier 1 | BREMER CDE, LLC; Midwest Minnesota Community Development Corporation $44.9M · 11 deals |
| 27007450703 | Beltrami County | 24.9% | — | 1,885 | 84.6% | 8.3% | Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligible | Midwest Minnesota Community Development Corporation $0.0M · 2 deals |
| 27007940001 Red Lake Reservation | Beltrami County | 32.5% | 38.3% | 5,500 | 26.5% | 8.1% | Rural / QROFFormer OZ 1.0CRA-eligibleTribal | — |
| 27009021201 | Benton County | 25.4% | 46.4% | 6,609 | 69.2% | 5.8% | Former OZ 1.0CRA-eligibleUI Tier 1 | — |
| 27011950300 | Big Stone County | 12% | 62.7% | 2,075 | 21.2% | 21% | Rural / QROFFormer OZ 1.0CRA-eligibleHigh vacancy | — |
| 27013170700 Bemidji | Blue Earth County | 40.7% | 83.4% | 2,666 | 86.6% | 16% | Rural / QROFFormer OZ 1.0CRA-eligibleHousing pressureHigh vacancy | — |
| 27015960600 Duluth | Brown County | 10.9% | 67.4% | 3,089 | 22.6% | 8.6% | Rural / QROF | — |
| 27025110201 | Chisago County | 14.9% | 47.1% | 2,585 | 30.7% | 8.3% | Rural / QROFCRA-eligible | — |
| 27037060104 | Dakota County | 8.6% | 68.5% | 5,558 | 49.3% | 5.2% | Former OZ 1.0CRA-eligible | — |
| 27047180800 | Freeborn County | 9.7% | 53.8% | 3,045 | 53% | 6.2% | Rural / QROFCRA-eligibleUI Tier 1 | — |
| 27049080101 | Goodhue County | 12.3% | 66.8% | 3,893 | 32.9% | 6.7% | Rural / QROF | — |
| 27053005901 | Hennepin County | 39.9% | 50.4% | 2,807 | 96.2% | 20.9% | NMTC track recordCRA-eligibleHousing pressureHigh vacancyUI Tier 1 | SB New Markets CDE LLC $37.2M · 1 deal |
| 27053020201 | Hennepin County | 24.4% | 55.4% | 2,619 | 63.1% | 7.1% | Former OZ 1.0NMTC track recordCRA-eligibleHousing pressure | Urban Development Fund, LLC $0.0M · 1 deal |
| 27053021502 | Hennepin County | 12.8% | 53.1% | 4,079 | 66% | 13.3% | CRA-eligibleHousing pressureUI Tier 1 | — |
| 27053023401 New Ulm | Hennepin County | 15.8% | 61.3% | 4,631 | 63.2% | 3.7% | Former OZ 1.0CRA-eligible | — |
| 27053025302 Red Wing | Hennepin County | 28.9% | 58.3% | 4,942 | 41.3% | 0% | CRA-eligible | — |
| 27053026104 | Hennepin County | 13.8% | 68.4% | 4,960 | 50.1% | 3.9% | UI Tier 1 | — |
| 27053026827 | Hennepin County | 24.9% | 36% | 3,331 | 43.2% | 1.2% | Former OZ 1.0CRA-eligible | — |
| 27053100400 | Hennepin County | 17.9% | 49.3% | 3,368 | 25% | 3.6% | Former OZ 1.0NMTC track recordCRA-eligibleUI Tier 1 | University Financial Corp. |
| 27053100500 St. Cloud | Hennepin County | 13.6% | 55.2% | 1,952 | 34.2% | 4.7% | Former OZ 1.0NMTC track recordCRA-eligible | SB New Markets CDE LLC; University Financial Corp. $9.5M · 2 deals |
| 27053100900 | Hennepin County | 24.8% | 63.6% | 4,999 | 30.6% | 6.7% | Former OZ 1.0NMTC track recordCRA-eligible | The Housing Partnership Network, Inc. $0.2M · 1 deal |
| 27053101600 | Hennepin County | 44.8% | 56.2% | 2,649 | 66.9% | 3.7% | CRA-eligibleHousing pressure | — |
| 27053102800 St. Paul | Hennepin County | 23.1% | 58.7% | 2,530 | 46% | 10.9% | Former OZ 1.0NMTC track recordCRA-eligibleUI Tier 1 | Merrill Lynch Community Development Company; Midwest Minnesota Community Development Corporation $1.4M · 2 deals |
| 27053103400 Minneapolis | Hennepin County | 29% | — | 2,349 | 57.6% | 19.9% | Former OZ 1.0NMTC track recordCRA-eligibleHousing pressureHigh vacancy | Local Initiatives Support Corporation; USBCDE, LLC $0.5M · 2 deals |
| 27053104001 | Hennepin County | 26.6% | 67.8% | 2,890 | 70.7% | 3.6% | Former OZ 1.0NMTC track recordHousing pressure | SB New Markets CDE LLC $10.0M · 1 deal |
| 27053104002 | Hennepin County | 24.8% | 50.9% | 4,454 | 80.5% | 10% | Former OZ 1.0CRA-eligible | — |
| 27053104100 | Hennepin County | 20.3% | 50% | 3,974 | 75.9% | 12.2% | Former OZ 1.0NMTC track recordCRA-eligibleUI Tier 1 | SB New Markets CDE LLC; University Financial Corp. $21.5M · 4 deals |
| 27053104400 | Hennepin County | 28.4% | 87.8% | 2,595 | 86.1% | 12.2% | NMTC track record | Merrill Lynch Community Development Company $12.1M · 2 deals |
| 27053107400 | Hennepin County | 10.1% | 66.7% | 2,077 | 48.8% | 5.1% | Former OZ 1.0NMTC track recordCRA-eligibleUI Tier 1 | Partners for the Common Good, Inc.; University Financial Corp. $0.4M · 2 deals |
| 27057070600 | Hubbard County | 19.2% | 56.4% | 3,939 | 46.1% | 5.7% | Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligibleUI Tier 1 | Midwest Minnesota Community Development Corporation $65.5M · 5 deals |
| 27061480803 | Itasca County | 14.8% | 61.1% | 1,660 | 41.6% | 3.1% | Rural / QROFCRA-eligibleUI Tier 1 | — |
| 27061480805 | Itasca County | 20.9% | 53.6% | 2,488 | 50.3% | 11.4% | Rural / QROFCRA-eligibleHousing pressure | — |
| 27067781000 | Kandiyohi County | 15.7% | 67.9% | 5,047 | 33.8% | 3.4% | Rural / QROFCRA-eligibleUI Tier 1 | — |
| 27087940300 White Earth Reservation | Mahnomen County | 19.4% | 63.5% | 2,511 | 19.1% | 37.3% | Rural / QROFNMTC track recordCRA-eligibleTribalHigh vacancy | BREMER CDE, LLC; Midwest Minnesota Community Development Corporation $7.3M · 2 deals |
| 27091790600 | Martin County | 23.8% | 48.1% | 4,301 | 55.2% | 5.9% | Rural / QROFFormer OZ 1.0CRA-eligibleHousing pressure | — |
| 27093560300 | Meeker County | 14.1% | 63.3% | 3,810 | 38.1% | 1.9% | Rural / QROFFormer OZ 1.0NMTC track record | National New Markets Tax Credit Fund, Inc. |
| 27099000410 | Mower County | 36.8% | 28% | 4,963 | 60.2% | 4.8% | Rural / QROFFormer OZ 1.0CRA-eligibleHousing pressureUI Tier 1 | — |
| 27109000100 | Olmsted County | 25.5% | 59.3% | 1,784 | 96.7% | 19.3% | Former OZ 1.0CRA-eligibleHousing pressureHigh vacancyUI Tier 1 | — |
| 27109001000 | Olmsted County | 20% | 60.6% | 4,717 | 39.8% | 11.5% | CRA-eligibleUI Tier 1 | — |
| 27111960900 | Otter Tail County | 10.1% | 63.5% | 5,460 | 42.5% | 13.2% | Rural / QROFNMTC track recordCRA-eligible | BREMER CDE, LLC; Local Initiatives Support Corporation; Midwest Minnesota Community Development Corporation; Morgan Stanley New Markets, Inc.; National New Markets Tax Credit Fund, Inc. $68.7M · 10 deals |
| 27115950402 Mille Lacs Reservation | Pine County | 18.2% | 62.3% | 3,584 | 31.7% | 16.3% | Rural / QROFFormer OZ 1.0TribalHigh vacancy | — |
| 27123030500 | Ramsey County | 35.6% | 30.4% | 6,328 | 63.1% | 2.6% | Former OZ 1.0NMTC track recordCRA-eligibleHousing pressureUI Tier 1 | National New Markets Tax Credit Fund, Inc. $2.7M · 1 deal |
| 27123030601 | Ramsey County | 40.7% | 61.3% | 5,500 | 55.4% | 4% | CRA-eligibleHousing pressure | — |
| 27123031500 | Ramsey County | 21.7% | 46.4% | 3,206 | 52.4% | 3.7% | Former OZ 1.0NMTC track recordCRA-eligibleHousing pressureUI Tier 1 | Midwest Minnesota Community Development Corporation; National New Markets Tax Credit Fund, Inc. $2.0M · 7 deals |
| 27123032100 | Ramsey County | 14.4% | 63.3% | 3,509 | 76.7% | 5.2% | Former OZ 1.0Housing pressure | — |
| 27123032700 | Ramsey County | 28.3% | 46.4% | 2,858 | 60.7% | 10.2% | Former OZ 1.0NMTC track recordCRA-eligibleHousing pressureUI Tier 1 | SB New Markets CDE LLC $7.2M · 1 deal |
| 27123033200 | Ramsey County | 16.5% | 69.6% | 4,435 | 73.3% | 13% | NMTC track recordHousing pressure | Midwest Minnesota Community Development Corporation; University Financial Corp. $31.4M · 3 deals |
| 27123033400 | Ramsey County | 29% | 120.4% | 3,548 | 80.6% | 15% | Former OZ 1.0NMTC track recordCRA-eligibleHousing pressure | University Financial Corp. $0.1M · 1 deal |
| 27123033600 | Ramsey County | 40.5% | 32% | 1,928 | 72.5% | 4.8% | CRA-eligibleUI Tier 1 | — |
| 27123033700 | Ramsey County | 42.9% | 41.5% | 1,560 | 98.6% | 4.2% | Former OZ 1.0NMTC track recordCRA-eligibleHousing pressure | University Financial Corp. $0.1M · 1 deal |
| 27123034201 Rochester | Ramsey County | 24.2% | 63.5% | 3,947 | 91.3% | 15.5% | Former OZ 1.0NMTC track recordHousing pressureHigh vacancyUI Tier 1 | Chase New Markets Corporation; Midwest Minnesota Community Development Corporation; University Financial Corp. $15.9M · 4 deals |
| 27123036000 | Ramsey County | 20.2% | 105% | 3,023 | 69.3% | 5.8% | Former OZ 1.0NMTC track recordUI Tier 1 | National New Markets Tax Credit Fund, Inc. $0.3M · 1 deal |
| 27127750500 | Redwood County | 15% | 68.9% | 2,767 | 22.3% | 9.7% | Rural / QROFNMTC track recordCRA-eligible | National New Markets Tax Credit Fund, Inc. |
| 27131070702 | Rice County | 11.1% | 67% | 3,470 | 34.8% | 8.7% | Rural / QROFFormer OZ 1.0 | — |
| 27141031500 | Sherburne County | 12.4% | 51.4% | 8,138 | 64.7% | 3.6% | Former OZ 1.0CRA-eligible | — |
| 27137001600 | St. Louis County | 38% | 40.2% | 1,153 | 87.2% | 22.1% | CRA-eligibleHousing pressureHigh vacancyUI Tier 1 | — |
| 27137001700 St. Paul | St. Louis County | 37% | 81.7% | 1,279 | 93.2% | 11% | Former OZ 1.0CRA-eligibleHousing pressure | — |
| 27137001900 Fond du Lac Off-Reservation Trust Land | St. Louis County | 51.5% | — | 1,768 | 90.5% | 12.7% | Former OZ 1.0NMTC track recordTribal | BMO Harris New Markets Fund, LLC; Local Initiatives Support Corporation; National New Markets Tax Credit Fund, Inc.; USBCDE, LLC $26.0M · 4 deals |
| 27137013800 | St. Louis County | 20.1% | 73.8% | 1,792 | 20% | 12.3% | Rural / QROFCRA-eligible | — |
| 27145000501 | Stearns County | 30.4% | 70% | 2,135 | 51.3% | 2% | CRA-eligibleHousing pressure | — |
| 27145011600 | Stearns County | 27.4% | 91.6% | 2,340 | 87.3% | 11.9% | Former OZ 1.0NMTC track recordHousing pressure | Midwest Minnesota Community Development Corporation $3.1M · 1 deal |
| 27147960400 | Steele County | 11.9% | 66.1% | 4,531 | 43.8% | 10.2% | Rural / QROFFormer OZ 1.0NMTC track recordUI Tier 1 | Advantage Capital Community Development Fund, LLC; CEI Capital Management LLC; Chase New Markets Corporation; SB New Markets CDE LLC $11.7M · 4 deals |
| 27155460200 Duluth | Traverse County | 8.7% | 68% | 1,143 | 15.4% | 44.7% | Rural / QROFCRA-eligibleTribalHigh vacancy | — |
| 27159480300 | Wadena County | 15.4% | 61.2% | 5,293 | 38.3% | 2.9% | Rural / QROFFormer OZ 1.0NMTC track recordCRA-eligible | Midwest Minnesota Community Development Corporation $51.8M · 3 deals |
| 27163070103 | Washington County | 14.3% | 66.7% | 6,111 | 67.6% | 8.1% | Rural / QROFUI Tier 1 | — |
| 27169670500 St. Paul | Winona County | 48.8% | 86.5% | 5,174 | 80% | 14.3% | Rural / QROFFormer OZ 1.0Housing pressure | — |
| 27171100203 | Wright County | 6.1% | 66.5% | 5,906 | 38.1% | 0% | Rural / QROFCRA-eligible | — |
Reading the signals for projects
- Rural / QROF — a rural QOF investment gets a 30% basis step-up at five years, and existing buildings need only 50% improvement. Rehab of existing stock pencils here in ways it does not elsewhere. Mechanics →
- Housing pressure — mostly renters, most of them cost-burdened. Housing deals here have demand; they also carry displacement risk, which is where community benefit terms matter.
- High vacancy — vacant structures to bring back. Pair with the 50% rural improvement threshold where both apply.
- UI Tier 1 — the Urban Institute's read that private capital is likely to come and the impact would be larger.
Reading the signals for partners
- NMTC track record — the listed CDEs have underwritten deals in this exact tract. They know the market and can layer NMTC with OZ equity. How they stack →
- CRA-eligible — bank investment here earns CRA credit. Start with community development officers at banks with branches in the county.
- Former OZ 1.0 — QOFs and sponsors may already hold assets here. They are the most likely early OZ 2.0 investors and know the local approvals path.
- Tribal — the tribal government is a principal, not a stakeholder to consult. Persistent poverty — USDA Rural Development programs can fill gaps.
Data context
19
Eligible tracts in EIG DCI top distress quintile
The EIG Distressed Communities Index (2019–2023) is referenced in many state scoring rubrics. Quintile 1 = most distressed. See whether OZ 1.0 reached the most distressed places →
0
Counties with eligible tracts designated USDA persistent poverty
Persistent poverty = 20%+ poverty rate in every census 1980–2010. Source: USDA ERS County Typology Codes (2015 edition). Relevant for USDA RD program eligibility and QROF rural bonus. See QROF rural bonus mechanics →
188
Prior NMTC investments in eligible OZ tracts
CDFI Fund NMTC Public Data Release (2024). Indicates prior CDFI capital deployment track record in these tracts. See how NMTC and OZ stack →
224
Eligible tracts with CRA designation (LMI or distressed/underserved)
Banks earn CRA credit for investing in low- or moderate-income tracts (Track 1), and in non-metropolitan middle-income tracts officially designated distressed or underserved by FFIEC (Track 2). When an OZ project sits in a CRA-eligible tract, bank capital can satisfy CRA obligations while generating OZ tax benefits. How CRA and OZ interact →
Cities: Minneapolis, Saint Paul, Duluth, Saint Cloud, Rochester and 128 more
ZIP codes: 55411, 55404, 55103, 55106, 55117 and 195 more
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Look up a specific tract (FFIEC) → Source: FFIEC Census Flat File 2026, joined to IRS Rev. Proc. 2026-14 eligible tracts.
92
Eligible tracts in top investability quintile (Urban Institute model)
The Urban Institute investability model scores OZ-eligible tracts by predicted likelihood of attracting private capital, based on OZ 1.0 investment patterns. Quintile 1 = highest predicted investability among scored tracts. Not all tracts are scored — coverage reflects tracts with sufficient OZ 1.0 data.
Who to contact
Minnesota Dept. of Employment and Economic Development (DEED)
https://mn.gov/deed/opportunityzones/economicanalysis.deed@state.mn.us
(651) 259-7114
Certified CDFIs
32 certified CDFIs headquartered in Minnesota. CDFI Fund certified list →
USDA Rural Development
USDA RD Minnesota State Office →RCAP Regional Partner
Midwest Assistance Program (MAP) →Rural LISC
Rural LISC →Native / tribal
No formal tribal consultation process has been published for Minnesota's OZ 2.0 nomination. If your jurisdiction contains or is adjacent to tribal land, contact the relevant Tribal Historic Preservation Office (THPO) or tribal government directly before submitting a nomination.
Designations: Treasury, 2027 QOZ designations and revised eligible-tract file (October 30, 2026). Demographics: ACS 2020–2024 5-year. OZ 1.0: IRS Notice 2018-48, crosswalked to 2020 tracts. Eligible tract counts: IRS Rev. Proc. 2026-14 (April 6, 2026). Rural designation: Notice 2025-50, Section 4.01. Status tier last verified 2026-06-16. Full methodology.